Prime Beachfront Investment on Bulcock Beach
Lot 8, 38 Esplanade Bulcock Beach, Caloundra, QLD 4551
Josh Harris and Sam Raines from Ray White Commercial Noosa & Sunshine Coast are pleased to present 8/38 Esplanade Bulcock Beach, Caloundra.
Set in the heart of Caloundra with prime corner exposure onto both Esplanade Bulcock Beach and Otranto Avenue, the property features waterfront views of Bulcock Beach and the beautiful Pumicestone passage.
8/38 Esplanade Bulcock Beach is currently leased to The Bunker restaurant, who have meticulously fitted out and maintained the premises.
The lease in place offers potential rental growth with annual CPI rent reviews.
The combination of the positioning of the property and strong lease fundamentals presents a rare offering to a wide range of commercial buyers.
KEY FEATURES
• 231m²* net lettable area
• Excellent beachfront corner positioning
• Currently returning $129,360 per annum + outgoings + GST
• Yearly CPI rent reviews
• Established tenant
• Tourist Accommodation zone
• Part of the Grand Pacific Resort
Call or email Josh Harris or Sam Raines to inspect the property or for further information.
Our team is strategically located in offices across the Sunshine Coast to service your commercial property sales and leasing needs.
Offices in NOOSA, MAROOCHYDORE & CALOUNDRA
* Approx.
For Sale
Offers over $2.45M + GST (if applicable)